Supermarket with a 20-year lease, Setubal, Portugal

Additional information is provided after the signing of an NDA

Supermarket with a 20-year lease, Setubal, Portugal

8,900,000 €
1,728 € /m²
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  • Total area
    5,150 m²
  • Yield
    6.0 %
  • Rental rate (m²/month)
    8 €
Details
Financial performance
  • Annual income: 534,168 €
Tenants
  • Fully let
  • End of lease: 2037

Supermarket with a well-known retail chain tenant.

Description

The total area of the supermarket is 5,150 m².

Extra opportunities

We can help you get a Gold Visa (permit without tax residence) when buying a property worth €500,000 or more.

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Tenants

The tenant is a well-known European supermarket chain with more than 500 stores.

The lease agreement is valid for 20 years, renewable every 5 years (from 2017 to 2037).

Location

Setubal is a vibrant port city and a major center of the fishing industry. The population of the city is about 90 thousand people.

Setubal is a city that has always been closely connected with the sea, there is a renewed and restored promenade that surrounds the fishing harbor, the popular city park and the ferry terminal of the Troy Peninsula. The historical center of the city is a labyrinth of narrow streets, hidden squares and family shops. There is also the largest fish market in Portugal.

Setubal on the one hand is surrounded by national mountain parks, and on the other it stands at the mouth of the picturesque Sadu River.

Lisbon is 30 km away.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other supermarkets for sale in Portugal.

You can see more supermarkets for sale in Setubal (city) elsewhere on our website.

Statistics in Setubal (city)

Price per m², €
850
Healthcare efficiency level
70
Index 70 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
62
Index 62 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, €
Apartment in the city centre, m² 850.0
Apartment in a bedroom community, m² 750.0
Transport Price, €
Public transport, 1 ride 1.45
Monthly travel card 32.5
Taxi, 1 km 0.47
Petrol, 1 l 1.5
Food Price, €
Water, 1.5 l 0.63
Milk, 1 l 0.65
White bread, 500 g 1.0
Eggs, a dozen 1.63
Chicken fillet, 1 kg 5.67
Education Price, €
Kindergarten, per month 400.0
International school, per year 7,995.83
Health care index
Staff competence 85.0
Medical equipment 70.0
Research accuracy and completeness 62.5
Attitude towards patients 65.0
Security index
Crime rate 34.62
The risk of being robbed 41.07
The risk of car theft 39.29
The risk of break-in and property damage 46.43

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

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